Today’s Harvest Blog

Today’s Harvest is a valued, timely resource for stories, news, tips and information relevant to Northeast agriculture and our customers.
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Latest From Today's Harvest Blog

Financial Management

Vermont Child Care Credit – What You Need to Know

Farm Credit East Knowledge Exchange

Beginning July 1, 2024, Vermont employers and self-employed individuals will begin making contributions composed of a 0.44% payroll tax on wages and a 0.11% self-employment income tax to the Vermont Department of Taxes for deposit into the Child Care Contribution (CCC) Special Fund.

July 18, 2024

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Latest Tax Talk

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Tax Talks
Important Update Regarding Life Insurance Redemptions

In April, we discussed that the Supreme Court was hearing arguments in the Connelly v U.S. case regarding life insurance proceeds. With this case now decided, it will be important for individuals and small businesses owning life insurance to fund buy/sell agreements to include a review of these policies.

July 5, 2024

Today's Harvest Blog

Female farmer standing in cow barn with dairy cows, looking at tablet
Crop Insurance
Protect Your Milk Money

At the beginning of this year, many economists were projecting dairy prices to be lower than 2022, but the year so far has turned out differently than expected. Dairy Revenue Protection is a quarterly risk management program that protects dairy producers from unexpected declines in milk prices, thereby protecting milk money. With the volatility we’ve seen thus far this year, is your milk money protected? 

September 12, 2023

Payroll binders on desk with calculator
Business Tips and Tools
Farm Credit East: Your trusted payroll provider

Farm Credit East offers a customer relationship-based payroll service with assigned payroll specialists committed to offering unique and dedicated expertise in all facets of agricultural payroll, putting your business on track for foundational success.

September 05, 2023

Tax Talks
Crop Insurance Tax Treatment Options for a Challenging Year

2023 has been a challenging year for farmers, and many may see payments from their crop insurance policies or federal crop disaster payments. This Tax Talks blog reminds producers that crop insurance proceeds and crop disaster payments must be reported as income.

August 29, 2023

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Business Tips and Tools
Vermont Foresters: Complete the Economy Loss & Damage Survey

The extended period of rainy weather in July and August and major flooding on July 10 has severely impacted many Vermonters. One sector that has been experiencing major impacts from the weather is Vermont’s forest economy. The Department of Forests, Parks, and Recreation developed a survey specific to this sector that will assist state agencies and elected officials in determining how to respond. 

August 22, 2023

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